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  2. Distributive justice - Wikipedia

    en.wikipedia.org/wiki/Distributive_justice

    Many governments are known for dealing with issues of distributive justice, especially in countries with ethnic tensions and geographically distinctive minorities. Post-apartheid South Africa is an example of a country that deals with issues of re-allocating resources with respect to the distributive justice framework. [citation needed]

  3. Scarcity - Wikipedia

    en.wikipedia.org/wiki/Scarcity

    A scarce good is a good that has more quantity demanded than quantity supplied at a price of $0. The term scarcity refers to the possible existence of conflict over the possession of a finite good. One can say that, for any scarce good, someone's ownership and control excludes someone else's control. [20]

  4. Resource curse - Wikipedia

    en.wikipedia.org/wiki/Resource_curse

    The resource curse, also known as the paradox of plenty or the poverty paradox, is the hypothesis that countries with an abundance of natural resources (such as fossil fuels and certain minerals) have lower economic growth, lower rates of democracy, or poorer development outcomes than countries with fewer natural resources. [1]

  5. Today’s NYT ‘Strands’ Hints, Spangram and Answers for ...

    www.aol.com/today-nyt-strands-hints-spangram...

    In today's puzzle, there are seven theme words to find (including the spangram). Hint: The first one can be found in the top-half of the board. Here are the first two letters for each word:

  6. Escalation of commitment - Wikipedia

    en.wikipedia.org/wiki/Escalation_of_commitment

    [4] The next phase of the escalation process is self-justification and rationalizing if the decision the leader made used resources well, if the resources being used were used to make positive change, and assuring themselves that the decision they chose was right. Leaders must balance costs and benefits of any problem to produce a final decision.

  7. Educational equity - Wikipedia

    en.wikipedia.org/wiki/Educational_equity

    Educational equity, also known as equity in education, is a measure of equity in education. [1] Educational equity depends on two main factors. The first is distributive justice, which implies that factors specific to one's personal conditions should not interfere with the potential of academic success.

  8. Artha - Wikipedia

    en.wikipedia.org/wiki/Artha

    It includes career, skills, health, wealth, prosperity and the means or resources needed for a fulfilling life. [2] [3] The word artha literally translates as "meaning, sense, goal, purpose or essence" depending on the context. [4] Artha is also a broader concept in the scriptures of Hinduism, Buddhism and Jainism.

  9. Keynesian economics - Wikipedia

    en.wikipedia.org/wiki/Keynesian_economics

    F.A. Hayek, an Austrian-style economist described Keynesianism as a system of "economics of abundance" stating it is, "a system of economics which is based on the assumption that no real scarcity exists, and that the only scarcity with which we need concern ourselves is the artificial scarcity created by the determination of people not to sell ...